Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells 8,654 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 8,654 shares of Sezzle stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of $82.50, for a total value of $713,955.00. Following the completion of the transaction, the director now owns 439,011 shares in the company, valued at approximately $36,218,407.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Paul Martin Purcell also recently made the following trade(s):

• On Friday, June 21st, Paul Martin Purcell sold 2,022 shares of Sezzle stock. The shares were sold at an average price of $83.35, for a total value of $168,533.70.
• On Monday, June 17th, Paul Martin Purcell sold 3,955 shares of Sezzle stock. The shares were sold at an average price of $82.19, for a total value of $325,061.45.

Sezzle Trading Up 1.2 %

SEZL traded up $0.98 during trading on Wednesday, hitting $82.50. The company’s stock had a trading volume of 113,750 shares, compared to its average volume of 75,500. Sezzle Inc. has a twelve month low of $7.15 and a twelve month high of $100.00. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.42. The stock’s fifty day moving average price is $69.59 and its 200-day moving average price is $52.84. The firm has a market capitalization of $467.78 million and a P/E ratio of 37.35.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings data on Wednesday, May 8th. The company reported $1.34 EPS for the quarter. Sezzle had a return on equity of 62.26% and a net margin of 7.79%. The firm had revenue of $46.98 million during the quarter.

Analysts Set New Price Targets

Separately, B. Riley started coverage on Sezzle in a research note on Wednesday. They issued a “buy” rating and a $113.00 price target on the stock.

Hedge Funds Weigh In On Sezzle

A hedge fund recently bought a new stake in Sezzle stock. Tower Research Capital LLC TRC acquired a new stake in shares of Sezzle Inc. (NASDAQ:SEZL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,223 shares of the company’s stock, valued at approximately $25,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

About Sezzle

Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.